David Durrant
David Durrant
backdrop bonds buying demand economic needs painful somebody suggest
There's demand for these bonds from somebody who needs duration. The economic backdrop would suggest that buying 30-year Treasuries at 4.47 would end up being a painful trade.
add asia bias continue euro european good investor problems stocks stronger worry
When you look at valuation problems at U.S. stocks and the stronger euro and worry about European companies, there is a good investor bias to continue to add to Asia exposure.